CRAFT AS

4900 TVEDESTRAND

Finances

Share Ownership

Return on Equity

297,56 %

Current Ratio

13,16

Debt-to-Equity Ratio

32,04

Key figures (NOK)	2020	2019	2018	2017
Revenue	1 382 000	0	0	150 000
Net Income	732 000	−1 798 000	−830 000	−274 000
Total Assets	8 395 000	7 058 000	8 127 000	6 301 000
Total Equity	246 000	−486 000	1 311 000	2 142 000

Income (NOK)	2020	2019	2018	2017
Revenue	1 382 000	0	0	150 000
Expenditure	121 000	1 183 000	360 000	208 000
Operating Profit	1 262 000	−1 182 000	−360 000	−58 000
Financial Income	0	0	0	0
Financial Costs	530 000	615 000	471 000	217 000
Financial Balance	−530 000	−615 000	−471 000	−217 000
Earnings Before Tax	732 000	−1 798 000	−830 000	−274 000
Tax	0	0	0	0
Net Income	732 000	−1 798 000	−830 000	−274 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	4 895 000	7 058 000	7 087 000	5 250 000
Total Current Assets	3 500 000	0	1 040 000	1 051 000
Total Assets	8 395 000	7 058 000	8 127 000	6 301 000
Total Retained Equity	−10 904 000	−11 636 000	−9 839 000	−9 008 000
Total Equity	246 000	−486 000	1 311 000	2 142 000
Total Long-Term Debt	7 883 000	7 424 000	6 566 000	4 058 000
Total Current Debt	266 000	121 000	250 000	101 000
Total Equity and Debt	8 395 000	7 058 000	8 127 000	6 301 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	17 000	0	0	0
Other Income	1 365 000	0	0	150 000
Revenue	1 382 000	0	0	150 000
Cost of Goods Sold	36 000	0	0	0
Salary Costs	0	0	176 000	0
Depreciation	29 000	29 000	29 000	29 000
Impairment	0	0	0	0
Expenditure	121 000	1 183 000	360 000	208 000
Operating Profit	1 262 000	−1 182 000	−360 000	−58 000
Financial Income	0	0	0	0
Financial Costs	530 000	615 000	471 000	217 000
Financial Balance	−530 000	−615 000	−471 000	−217 000
Dividends	0	0	0	0
Net Income	732 000	−1 798 000	−830 000	−274 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 895 000	7 058 000	7 087 000	5 250 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 895 000	7 058 000	7 087 000	5 250 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 895 000	7 058 000	7 087 000	5 250 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	11 000
Total Current Assets	3 500 000	0	1 040 000	1 051 000
Total Assets	8 395 000	7 058 000	8 127 000	6 301 000
Total Equity	246 000	−486 000	1 311 000	2 142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 883 000	7 424 000	6 566 000	4 058 000
Creditors	−91 000	0	62 000	101 000
Unpaid Taxes	0	0	51 000	0
Dividends	0	0	0	0
Other Current Debt	356 000	121 000	137 000	0
Total Current Debt	266 000	121 000	250 000	101 000
Total Equity and Debt	8 395 000	7 058 000	8 127 000	6 301 000

Financial indicators	2020	2019	2018	2017
Return on Equity	297,56 %	369,96 %	−63,31 %	−12,79 %
Debt-to-Equity Ratio	32,04	−15,28	5,01	1,89
Operating Profit Margin	91,32 %	-	-	−38,67 %
Current Ratio	13,16	0	4,16	10,41
Quick Ratio	13,16	0	4,16	10,41
Equity Ratio	0,03	−0,07	0,16	0,34
Gross Profit Margin	97,4 %	-	-	100 %